Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 18.9% Yield

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Go back to Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 18.9% Yield

Orchid Island Capital Announces February 2016 Monthly Dividend and January 29, 2016 RMBS Portfolio Characteristics

February 10, 2016 5:29 PM EST

February 2016 Monthly Dividend of $0.14 Per ShareRMBS Portfolio Characteristics as of January 29, 20161,216,243 cumulative shares repurchased through stock repurchase programTax Characterization of 2015 Distributions 100% Ordinary Taxable Income

VERO BEACH, Fla., Feb. 10, 2016 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the Company) (NYSE: ORC) announced today that the Board of Directors declared a monthly cash dividend for the month of February 2016. The dividend of $0.14 per share will be paid February 29, 2016, to holders of record on February 24, 2016, with an ex-dividend date of February 22, 2016. 

The Company intends to... More